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melissa: welcome. i'm melissa francis. lori: i'm lori i i rothman. voting to delay a tax on the bailout, and now there's reports the finance minister is stepping down. we have reaction with the trading president, the former cypress trade representative to the u.s.. he'll be joining us. >> treasury secretary jack lew meeting with the chinese president on the agenda of growing concerns about china ease role in cyber attacks. melissa: targeting seg represents in new york a week after a judge rejected the ban on large drinks. we get the verdict with the judge andrew going after soda, ear buds, cigarettes, what's next? seriously. lori: only can guess. it is back down to the floor, new hour here on "markets now," and i know cypress is driving action again today. >> it is. we are seeing headlines that the president will be talking with angela merkel, obviously, another development pertaining to what we see in cypress, which then, obviously, really rules the e.u. markets and our markets here at home. yesterday, for example, we lost a lot of money in the global market with all the
band-aid approach to funding the government. melissa francis and lori rothman coming up as "markets now" continues.
francis held the inawing rail mass. he urged the protection of the poorest, weakest and of the environment. he said the role of the pope is to, quote, open his arms and protect all of humanity and the rare occurrence tonight both president obama and vice president biden will be in the air simultaneously on separate flights. president will be on route to israel and the vice president is returning to andrews air force base from rome. the expected overlap will be approximately an hour and 20 minutes and those are headlines. cheryl, back to you. cheryl: thank you very much. everything from stock and statustatu statues to a signed football are going to be recouped. jeff gives us a preview of the auction at the former p.f.g. offices there in chicago. what an interesting experience, jeff. >> this is the vestiges of p.f.g. maybe you see how big this office was. some people call russell the madoff of the futures industry. they revolutionized the futures industry. they were the first to develop electronic platform at the transition from the open outcry to the electronic futures. i want to show you s
melissa: welcome, i am melissa francis. lori: i am lori rothman. how long can they continue to put money into the economy? they let us know the exit plan for all of this. melissa: taxpayer outrage, bankrupt city in california paying out a million dollars in pay raises. they are bankrupt. lori: and paying races? crazy town. fedex says more customers are taking a less expensive option and it is hitting the bottom line. melissa: the cyber threat hit by online hackers putting financial firms here on high alert. but first, time for stocks now. nicole petallides is standing by. stocks posted solid gains ahead of the fed decision. nicole: that is right. everybody focused on the fed about an hour away from now. very accommodated if fed, and we're watching a market hitting new all-time highs in the dow jones industrial. of almost 56 points at the moment showing you some names that hit some highs today including nativ united technolo. hitting the highest levels we've ever seen for those names and we cannot leave out verizon. the highest levels we'v we haven in over 11 years. so while the sha
♪ melissa: welcome, i'm melissa francis. lori: good amp, i'm lori rothman. stocks down 50 points after being down 100 points earlier in the session. now, the case for dow 16,000 in the next 6-12 months, wouldn't that be nice? how you should position your investments now. melissa: and strike a bailout deal or else, the european central bank threatening to cut awfully quiddity to cyprus by mundt if there is no deal. lori: what do you think lou dobbs will say? he'll join us on washington's stopgap effort to keep america's a government funded. stocks now, it's back down to the floor of the new york stock exchange and nicole petallides. stocks areeoff the lows of the today but still trending down. that's the sentiment day after the fed, isn't it? >> reporter: right, they are, indeed. we are seeing a stronger dollar, the vixx is to the upside, lori and melissa, and you're seeing a market that has had down arrows all day long. yesterday during the middle of the day we hit all-time record intraday highs on the dow jones industrials, today worries remain about europe, in particular mixed
now. promo code: taxrefund. >> happy monday and welcome, i'm melissa francis. >> i'm lori rothman. cypress debates a $13 bailout plan to tax deposits in local banks there in cypress. >> the dow climbing back after being down more than 100 points earlier. were the fears overblown? the founden on why he's still worried about a run on the banks in a new risk premium in the market. >> in the meantime, targeting your home mortgage deduction. what's at risk as republicans and democrats look to close tax loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500,
Search Results 0 to 5 of about 6